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but
All about the money: The U.K. had no choice but to use Huawei in its 5G networks
Chinese technology mega-company Huawei will be one of the suppliers building the U.K.’s 5G networks. The decision follows lengthy delays, much indecision, and considerable pressure on Britain from the U.S. government to not use the firm’s telecom equipment at all.The decision is hardly a shock, and neither is the middle-ground stance the government has taken. Huawei is the world leader in 5G infrastructure, and has
U.S. Trade Deficit Shrinks, but Not Because Factories Are Returning
WASHINGTON — The overall United States trade deficit shrank last year for the first time in six years as the American economy cooled, domestic oil production soared and President Trump waged an aggressive global trade war to rewrite America’s trading terms.The trade deficit for both goods and services fell to $616.8 billion in 2019, down $10.9 billion from the previous year, according to data released by the
Facebook’s Revenue Rises Again, but More Slowly Than Ever
SAN FRANCISCO — Even as Facebook has grappled with one corporate embarrassment after another, it has remained a business powerhouse.But on Wednesday, the social network encountered the perils of being an aging corporation: It reported its slowest growth ever.Facebook’s revenue in the last three months of 2019 rose 25 percent from a year earlier to $21 billion, while profits jumped 7 percent to $7.3 billion, the Silicon
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